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Two-Suite Office Building
For Sale
$700,000

707 Elberta Avenue, Palisade, CO 81526

CommercialSale, Palisade, CO

Property SizeContact for details
Days on Market220

Property Features for 707 Elberta Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Lot features Corner Lot
Directions I-70 east to exit 42 then south on Elberta Avenue to the property which is on the east corner of Elberta.
Subdivision Palisade
Standard status Active

Taxes and HOA fees

Tax Annual Amount 12932

Amenities

solar panels
kitchen
Listing Agency: THE VAN GUNDY GROUP, INC
Listed By: Holly Triplett · License #FA100083669
Added: Jan 23 Changed: Aug 30 Last Checked: Aug 31 at 11:06PM
MLS# 20260276

Copyright © 2026 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office building in Palisade is configured with two office suites, a large kitchen, and five bathrooms. The layout supports separate occupancy arrangements and can accommodate medical, dental, or other professional office operations. Paid-for solar equipment is installed at the property, and ample on-site parking is provided.

Located at 707 Elberta Avenue, the building occupies a corner lot with strong visibility. Views of Mount Garfield add a distinctive setting for occupants and visitors. The combination of multiple suites, substantial support space, parking, and solar equipment gives the property a practical configuration for office users seeking an established commercial location.

Key Highlights

  • Two office suites support separate occupancy configurations
  • Five bathrooms and a large kitchen included
  • Paid‑for solar equipment installed at the property

Property Analytics

Current Use

Palisade Pharmacy Pharmacy Little Blossoms Early ... Daycare Center

Suggested Use

Top Pick Dental Office Building Supply Auto Repair Shop Hair Salon Real Estate Agency Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units

Location Intelligence

Trade Area within ½ mile

326
Businesses Nearby

Demographics for 81526, CO

5,216
Population
2,573
Households
2
Avg Household Size
49
Median Age
35%
College-Educated
91%
High-School Grad
72.4 sq mi
ZIP Area
72
Density / Sq Mi
$83,316
Median Household Income
$44,646
Median Earnings
$1,219
Median Rent
$449,300
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Corner-lot office property with solar equipment, a kitchen, and multiple bathrooms.
Where is this office building located?
The property is located at 707 Elberta Avenue Palisade, CO.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Two office suites support separate occupancy configurations; Five bathrooms and a large kitchen included; Paid‑for solar equipment installed at the property
More about this property
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